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Congress · 119th Congress

Zero-dollar premiums sticking point in Senate health talks

↵↵"It's an example that the No. 1 issue today is affordability, and nobody has really walked through what it's going to mean for those 8 million people," Wyden said, referring to an early estimate of how

Congress · 118th Congress

Manchin pushes stricter electric vehicle credit rules

Manchin’s new bill would retroactively put into effect battery and critical mineral sourcing mandates starting from Jan. 1 of this year, rather than giving leeway until Treasury produces guidance

Policy · 117th Congress

Changes mulled to sweeping budget package as debate nears

Separately, CNN reported that Sinema has sent signals to the business community that she may want to pare back a 15 percent corporate minimum tax on businesses that report $1 billion or more in income

Congress · 117th Congress

Reconciliation talks complicated by ‘SALT’ tax hurdle

Their negotiations have focused on a package that would raise roughly $1 trillion in revenue, with half to offset spending initiatives on climate and potentially health care and the other half for deficit

Congress · 117th Congress

Bipartisan crypto bill outlines regulatory, tax framework

The drop in value of some cryptocurrencies in May, including the algorithmic stablecoin Terra, which lost its $1 peg, was followed by dips in other cryptocurrencies including bitcoin and Tether.

Congress · 117th Congress

Minimum wage push spices up restaurant aid debate

An estimated 1 million workers have left the restaurant industry since the COVID-19 pandemic began in 2020, and higher wages will be required to bring them back, said Saru Jayaraman, president of

Policy · 117th Congress

Biden to stay with Powell as Fed chairman

Corrected 1:39 p.m. | President Joe Biden said Monday he plans to stick with Jerome Powell as Federal Reserve chair, supporting continuity in leadership as annual inflation topped 6 percent last month

Congress · 117th Congress

House sends infrastructure bill to Biden without budget vote

Malinowski, who had originally backed a more sweeping infrastructure bill that passed the House July 1, said while the bill “may not give us everything we wanted, it does give us everything we need